Zomato Q3 Results: Net profit more than halves, Blinkit remains loss-making

Blinkit said that it will reach 2,000 stores by December 2025, much ahead of its previous guidance of December 2026.

Blinkit said that it will reach 2,000 stores by December 2025, much ahead of its previous guidance of December 2026.

The bank posted a 20.5% year-on-year (YoY) increase in net profit for the December quarter at ₹496.03 crore, compared to ₹411.63 crore in the same period last year.

The acquisition aligns with the hospital chains’ strategic growth objectives, with plans to add 300 beds to its operational capacity. The project is expected to be completed over four years, with an estimated capital expenditure of ₹400 crores.

The Nifty Bank index, a key gauge of the financial sector, surged 810 points, or 1.67%, to close at 49,351. Kotak Mahindra Bank was the standout performer, climbing 9% after a solid quarterly earnings report, while Wipro also impressed with…

Blinkit reported an EBITDA loss of ₹30 crore, compared to a positive EBITDA of ₹48 crore during the same quarter last year.

Shares of APL Apollo Tubes Ltd ended at ₹1,595.00, up by ₹26.80 or 1.71% on the BSE.

The crypto rally was bolstered by the unveiling of memecoins by Trump and his wife Melania over the weekend, which briefly disrupted the digital asset market.

Newgen Software’s shares pared gains despite the strong quarterly performance reported on Monday. As at 14:15 IST, the company’s stock price shed 0.6% to reach ₹1,576.10 on the BSE. During the trading session, Newgen Software also reached an intraday high of…

The open offer is priced at ₹990 per share, which is a 7% discount to the current market price of Nazara Technologies. The offer targets the acquisition of 2.41 crore shares, valued at approximately ₹2,382 crore.

Mangalore Refinery and Petrochemicals Ltd (MRPL) posted a ₹309 crore net profit in Q3 FY25, reversing a ₹697 crore loss QoQ, even as revenue dipped 12% to ₹21,871 crore.